Guinea

2022 Guinea Global Money Week

PARTICIPATING ORGANISATIONS:

  • Ministère de la jeunesse et des sports), National Fund for the Integration of Young People (Fonds National pour l'Insertion des Jeunes) (FONIJ)Banque Centrale de la République de Guinée (BCRG), United Nations Capital Development Fund (UNCDF), Institut Supérieur des Arts Mory Kanté de Dubréka (ISAMK-D), schools

TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:

  • 4

NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:

  • 40,500

NUMBER OF ADULTS REACHED DIRECTLY:

  • 87

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • 6,000

To mark the start of Global Money Week 2022, representatives from the National Fund for the Integration of Young People (FONIJ) accompanied by the Youth Advisor of the Ministry of Youth and Sports (MJS) and the UNCDF participated in a television panel on the set of the RTG Koloma to share information on the GMW campaign. During the panel discussion, GMW overview, facts about financial education among Guinean children and young people, support by the government and international institutions and different financial education topics about currency, money, savings, credit and loan were highlighted.

In addition, UNESCO together with the Higher Institute of Arts Mory Kanté of Dubréka (ISAMK-D) organises a conference for youth focusing on the theme of "Access of SMEs to financial services." The conference included several speakers and was moderated by an inspector from the Directorate for the Supervision of Inclusive Financial Institutions at the Central Bank of the Republic of Guinea (BCRG). The event objective was to explain to students the situation in Guinea in terms of banking rates as well as financial support available for self-employment.

Held at the Maison des Jeunes in the Prefecture of Dubréka, the financial education games took place on March 31. These games were a fun and interactive way for trainers of the FONIJ to teach students about the concepts of money, currency, the importance of saving and investing.

In order to spark an interest in local children about Guinea’s currency, the FONIJ in collaboration with the Central Bank of the Republic of Guinea (BCRG) organised a visit to the currency museum for students and their supervisors from eleven schools of the Prefecture of Dubréka. The purpose of this visit was to trace the origin of the Guinean currency since its creation. This activity was part of the BCRG's overall aim to raise awareness and interest in the population regarding money, savings and investment. The day ended with a donation of teaching materials to students and to the Prefectural Directorate of Education of Dubréka.

2021 Guinea Global Money Week

PARTICIPATING ORGANISATIONS:

  • Ministry of Youth and Youth Employment (MJEJ), National Fund for Youth Integration (Fonds National pour l'Insertion des Jeunes - FONIJ), Association des Professionnels de la micro finance en Guinée (APIM-G), UNCDF, Collège des Étudiants des Universités Privées (CEUP), Université Mercure International (UMI)

TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:

  • 11 organisations, 15 universities, 9 media organisations

NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:

  • 13,820

NUMBER OF ADULTS REACHED DIRECTLY:

  • 250

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • 2,000

The Ministry of Youth and Youth Employment (MJEJ), through the National Fund for Youth Integration (FONIJ) organised the 2021 edition of Global Money Week during March 22-28 in Conakry. Many activities were carried out. 150 students from the Baba CISSE school were taught financial education.

A financial education conference connected students from private universities and entrepreneurs through online discussion on savings and entrepreneurship. The conference was supported by the presence of the Minister of Youth and Youth Employment, representatives of the Central Bank of the Republic of Guinea, micro-finance institutions, technical and financial partners, students and young entrepreneurs. Led by two executives, financial education experts from APIM-G and UNICEF, the conference focused on the importance of savings, identifying players in the financial ecosystem. All participants expressed the need to bring all actors of the financial ecosystem together to create the best conditions to promote access to credit at reduced costs for young entrepreneurs. This meeting was marked by the interventions of the Minister of Youth and Youth Employment and the Director General of FONIJ who in their respective speeches, welcomed the initiative and encouraged young people to acquire enough knowledge on financial matters in order to achieve financial well-being and financial resilience.

During GMW2021 in Guinea, more than 13,600 Internet users were engaged through online communication channels. National television, social networks, and other platforms were used to share GMW news and updates.

2017 Guinea Global Money Week

LEADING ORGANISATIONS:

PARTICIPATING ORGANISATIONS:

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 6 000

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • 10 000

Throughout Global Money Week more than 2,500 young people gathered at the Ecole Nationale d’Instituteur (ENI) and took part in a school competition including financial literacy games. Distinguished guests at the event included the Prefect of Labé who took up the role of the master of ceremony, the chief operating officer of the Central Bank, the directors of Fibank and the Museum Fouta Diallon, and the chief executive of the FONIJ.

Furthermore, a financial literacy game was organised at the youth center of Forécariah in which four primary schools and four high schools competed against each other.

Apart from the games, an awareness-raising session was organised for around 50 young people from Labé. During the session, the participants learnt about the importance of personal social and economic development and empowerment.

Furthermore, before the launch of the Global Money Week, a competition for the best business plan took place. Its goal was to emphasize the importance of income generation and job creation. In total 12 groups of young people took part in the competition and presented their business plans.

2016 Guinea Global Money Week

LEADING ORGANISATIONS:

PARTICIPATING ORGANISATIONS:

DATE OF THE EVENT:

  • 14th - 20th of March

TOTAL NUMBER OF CHILDREN AND YOUTH ENGAGED:

  • 5 170

TOTAL INDIRECT REACHED:

  • 1 000

Three Ministries and the Foundation of the First Lady supported Global Money Week to become a national event in Guinea this year!

2016 was the second year Guinea participated in Global Money Week, and reached over 4,000 children and youth, thus increasing the size of the celebrations compared to last year’s edition. This increase in participation was achieved through a very complete set of activities in Conakry and Forecariah based on the “Take part. Saving smart!” theme. These events were covered by media (radio and newspapers), which helped to spread the word about GMW celebrations in the country.

The GMW celebrations were launched in Conakry on 14 March, with a national conference at Bluezone de Kaloum to present the purpose of the Week and the importance of financial education, savings and supporting entrepreneurship. This event alone mobilized over 2,100 children and youth in total. A debate with the children then addressed the following questions: “What is the utility of money?”, “What does it mean ‘to save’?”, “Why is it important to save and what are we saving for?”, “What are smart saving habits?” and “Do you think saving can guarantee ones future?”

In Forecariah, four elementary schools and two high schools competed with each other during a two day financial education game, with questions related to money and savings. Over 2,000 students and prefectural authorities attended this event. The government-related Fonds National pour l’Insertion des Jeunes (FONIJ) and Plan International Guinea, the two leading organisations of the Week, also planned student visits to four banks so that the youth could learn about banking practices and the history of Guinean money.

Finally, the week closed on Saturday with a round table discussion in Forecariah on the topic of: "How to boost entrepreneurship". As part of the round table, 15 NGOs met with children to discuss financial inclusion; these children also had the opportunity to receive advice from young entrepreneurs.

Through this programme, the Guinean Global Money Week involved very diverse participants and therefore considerably boosted awareness on financial education in all spheres of society.

2015 Guinea Global Money Week

LEADING:

  • Ministry of Youth and Youth Employment
  • FONIJ
  • Plan International (Guinea)
  • State Ministry of Economy and Finance
  • The first lady’s office
  • The central Bank
  • Ministry of post university Education and Literacy
  • Société Générale des Banques en Guinée
  • Afriland First Banque
  • First Internationale Banque
  • Ecole primaire FREDERICO MAYOR de Sandervalia

PRESS AND MEDIA:

  • National Radio
  • National Television
    • Facebook
  • And local newspaper

DATE OF THE EVENT:

  • 9th - 23rd of March

NUMBER OF CHILDREN REACHED:

  • 3 500

GMW was celebrated in Guinea for the first time in 2015. The event was organised by le Fonds National pour l’insertion des jeunes (FONIJ) in collaboration with Plan Guinea. The event brought together keys officials from the national authority that have children’s interests at the heart of their actions. The event provided a valuable networking opportunity for various agencies that promote economic wellbeing of children and youth and set the stage for further cooperation.

Week-long conferences and debates were organised around GMW 2015 theme of “Save today. Safe tomorrow“. Children and youth discussed issues related to finance with the politicians, bankers, entrepreneurs, and experts. Theatre or artistic presentations provided children an opportunity to creatively express their views on financial, commercial and entrepreneurial situations from their lives. ‘Saving for a better future’, a youth and VIP discussion to gather youth voices for meaningful futures actions was undertaken. Bank tours were also organised for children and youth.

During the various talks, featured speakers elaborated on the inculcating saving culture of youth and adults. The importance of making the right choices in life and how they affect the future was also highlighted.

In addition to educating about money and savings, the various events conducted during GMW 2015 also provided the youth a platform to meet, discuss and exchange views with some of the VIP of the country. They shared different challenges that they face in education, employment and entrepreneurship. The need for the government intervention and political will in creating favorable conditions for economic citizenship for children and youth strongly resonated in comments and interactions.

The weeklong GMW celebrations were well received.

For more information on different activities of Money Week in Guinea visit the following website: http://www.fonijguinee.org/

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